Technology: Facebook’s Virtual Reality

Virtual reality may become a reality if Facebook gets its way. About a year after purchasing Oculus Rift, the maker of virtual reality headsets, for $2 billion deal last year, Facebook is working to expand its tech sector and will work to hire nearly 1,200 new employees. “We are an ambitious company run by an ambitious CEO,” Facebook Chief Operating Officer Sheryl Sandberg told Reuters in an interview. “Our users are growing and our business is growing and we want to support that,” she said. Facebook is looking for managers to oversee Oculus logistics, procurement and global supply chain planning. Some analysts believe this could be a sign that the product is nearing its commercial release. Historically Facebook has had a relatively small number of employees compared to similarly ranked companies like Microsoft or Googe. Facebook had 8,348 full-time employees at the end of September, far fewer than Google’s roughly 55,000 employees or Microsoft Corp’s roughly 127,000.